Long An – A new destination for French businesses in Vietnam

Long An Provincial Delegation works in France

Within the framework of the working program in France, on November 13, in Paris, the Vietnam - France Trade and Investment Conference took place, with the participation of Party Central Committee Member, Long An Provincial Party Secretary, Chairman of Provincial People's Council - Nguyen Van Duoc; Vietnamese Ambassador to France - Dinh Toan Thang; Vice President in charge of international affairs of the Paris Ile-de-France Chamber of Commerce and Industry (CCI Paris Ile-de-France) - Christophe Bellanger, along with many businesses and investors in France and Vietnam.

The event was jointly organized by CCI Paris Ile-de-France, the Embassy of Vietnam in France; Vietnam Chamber of Commerce and Industry (VCCI) and Long An province to share, discuss and strengthen connections, opening up cooperation opportunities in various fields between French partners and Long An province.

Speaking at the conference, Vice Chairman of Long An Provincial People's Committee - Huynh Van Son shared that Long An possesses distinct advantages with a strategic location adjacent to Ho Chi Minh City, the only gateway connecting to the provinces and cities of the Mekong Delta, conveniently connected through a synchronous transport infrastructure system and a modern international seaport.

Long An also stands out thanks to its abundant young human resources, a large industrial land fund with systematic investment ready to receive investors. The province's economy has grown steadily. Long An is the 12th largest economy in the country, and is in the top 2 localities with the best economic management quality in Vietnam in 2023 according to the announcement of VCCI and the United States Agency for International Development (USAID). This is the foundation that helps the province always maintain in the top 10 localities of Vietnam in attracting foreign direct investment (FDI) with 1,367 projects from 41 countries and territories, with a total registered capital of more than 12.5 billion USD, of which French investors rank second among European Union countries investing in the province with 12 projects, with a total capital of more than 161 million USD. These figures demonstrate the trust that French investors have in Long An.

The leaders of Long An province are strongly committed to continuously improving infrastructure, minimizing administrative procedures and creating the most favorable conditions to welcome French investors to create successful breakthroughs and long-term development in Long An.

Vice Chairman of Long An Provincial People's Committee - Huynh Van Son speaks at the conference

Assessing the potential of Vietnam in general and Long An in particular, Vice President in charge of international affairs of CCI Paris Ile-de-France - Christophe Bellanger affirmed that the exchange with the leaders of Long An province was very useful, the province has a lot of potential to develop very good cooperation such as technology, green energy, renewable energy.

At the same time, he expressed his commitment to continue supporting Long An province to deploy and introduce the province's potential to attract the attention of French enterprises, helping them to invest in the province or export the province's products to the French market in particular and the European Union market in general, contributing to strengthening the cooperative relationship between European partners and Long An province.

Vietnamese Ambassador to France - Dinh Toan Thang also assessed that French enterprises are very interested in investment opportunities in Vietnam, especially in provinces with large industrial park areas and favorable locations such as Long An. The Ambassador emphasized that provinces like Long An need to proactively create more favorable conditions to attract and retain French investors, including promoting administrative procedure reform, developing industrial park infrastructure according to green and sustainable standards, and ensuring high-quality human resources. These steps will help Long An become an attractive destination, a reliable address, bringing practical value to French investors as well as contributing to the economic development of the locality.

At a private meeting with the Paris Chamber of Commerce, Secretary of Long An Provincial Party Committee, Chairman of Provincial People's Council - Nguyen Van Duoc affirmed that this working program is a great opportunity for Long An Province to invite French and European Union investors to come to Vietnam in general and Long An in particular, serving the task of building and developing the province's socio-economy. Provincial leaders believe that green and clean energy is one of the potential fields for cooperation development. In addition, there are other promising industrial and high-tech fields in the coming time.

Secretary of Long An Provincial Party Committee, Chairman of Provincial People's Council - Nguyen Van Duoc (right) had a converstion with Vice President in charge of international affairs of CCI Paris Ile-de-France - Christophe Bellanger

The year 2024 marks an important development step in the relationship between the two countries of Vietnam and France when the bilateral relationship is officially upgraded to the level of Comprehensive Strategic Partnership. In this context, Long An province has made efforts to promote cooperation with French partners, taking advantage of the bilateral relationship to facilitate large investment projects. Through investment promotion activities, meetings and discussions with French partners, Long An hopes to take advantage of France's experience and advanced technology to promote the local economy, especially high-tech projects, sustainable energy and modernizing transport infrastructure./.

By Truong Giang - Translated by Q. Thien

Source: https://baolongan.vn/long-an-khoi-dau-moi-cho-doanh-nghiep-phap-tai-viet-nam-a185678.html